Some typical development directions of PVMachino

Company information
icon date22/07/2023

The motto “Unity – discipline – creativity – efficiency” is one of the factors that have helped PVMachino grow and succeed.

Keeping up with modern technology trends

PVMachino Petroleum Machinery Import-Export Corporation was established in 1956 by Mr. Nguyen Dinh Trung.

Since its establishment until now, the company has gone through many difficulties. However, with the steady collective strength, the spirit of solidarity has helped PVMachino gain many achievements

Achievements

PVMachino Company is one of the potential and prestigious partners through key business activities: machinery and equipment, technical services, trading in commercial goods…

As one of the leading companies in activities in such fields as: operating and supplying equipment and materials for domestic and foreign companies in the oil and gas field. Replacement of spare parts,

processing for repair work. Supply of raw materials for agricultural, forestry and service production, labor export.

In addition, PVMachino is also a large supplier specializing in wholesale and retail distribution of construction materials for projects and projects. At the same time, the company also provides equipment and spare parts for hydro and thermal power plants.

PVMachino’s successful projects include:

  • Construction project of fueling system for Tan Son Nhat airport
  • Thai Binh low pressure gas project
  • Traffic sign project Hai Phong – Hanoi toll station
  • Project of pre-clinical practice center of Thai Binh University of Medicine and Pharmacy

All of the above projects have contributed to the initial success of PVMachino in its field of operation. At the same time, the company also affirms itself as a potential unit worthy of competing with large companies and enterprises in the international market.

Subsidiaries, affiliated companies

PVMachino has many systems of subsidiaries distributed from the North to the South, showing the leading growth, quality and prestige in Vietnam: 

  • Saigon Oil and Gas Equipment One Member Co., Ltd., 
  • Da Nang Petroleum Machinery – Equipment Joint Stock Company, 
  • Northern Vietnam Gas Machinery and Equipment Joint Stock Company,

According to the group of subsidiaries, the company associated with PVMachino has shown the influence, scale and stature of the company.

It is expected that in the next 5 years, PVMachino will be one of the 3 largest companies in the country providing package services for thermal and hydroelectric power plants as well as supplying materials and equipment for large capital projects. foreign investment in Vietnam.

Building a nationwide network

Currently, PVMachino company has been and is directly a large retail distributor of goods, full service construction equipment and materials for many stores across the country.

PVMachino has officially become a distributor of Siemens electrical equipment in 2019. Siemens is a global electronics and technology corporation, a famous brand from Germany representing great technical achievements and product initiatives, electrical and oil equipment.

With a history of more than 170 years of establishment, and the advantage of operating in more than 200 countries and regions, Siemens has attracted many customers and investors in the international market.

Recently, the company has cooperated with PVMachino in the service of electrical sockets and switches. Chairman of the Board of Directors of PVMachino – Mr. Pham Van Hiep said that nearly 65 years of presence in the market. The cooperation between the company and Siemens will contribute to the great success of its business.

This also marks PVMachino becoming a strong, sustainable company, a potential partner to attract many investors. Electrical equipment and machinery products always ensure quality, bring outstanding features, luxury, high-end design and customer satisfaction. Coming to PVMachino, customers will be served with professional advice and support in designing products to suit their needs and purposes, along with thoughtful product warranty services.

Cooperation with major corporations in the world

PVMachino has a great advantage as a joint venture with the following companies:

    • FCC Vietnam Co., Ltd. with a capital of 10%,
    • Vietnam Nippon Seiki Co., Ltd. 10%
    • Hitachi Astemo Hanoi Co., Ltd. 8.45% (with a total book value of only VND 98 billion).

Most of the company’s joint venture partners are leading Japanese enterprises in the field of machinery manufacturing such as FCC, Asia Honda Motor, Nippon Seiki, Itochu Corporation…Moreover, PVMachino is a manufacturer specializing in auto parts, motorcycles, specialized vehicles and other machines: BMW, Honda, Harley Davidson….With the goal of constantly developing and trying, PVMachino’s team is always trying to find great cooperation opportunities in the domestic and international markets.

The current rapid development at PVMachino has attracted many domestic and international investors.